Welfare Economics - Towards a More Complete Analysis (Paperback, Softcover reprint of the original 1st ed. 2004)

Yew-Kwang Ng looks to make welfare economics more complete by discussing the recent inframarginal analysis of division of labour and by pushing welfare economics from the level of preference to that of happiness, making a reformulation of the foundation of public policy necessary. A theory of the third best is provided, with extension to the equality/efficiency issue. The remarkable conclusion of treating a dollar as a dollar provides a powerful simplification of public policy formulation in general and in cost-benefit analysis in particular.

General

Imprint:	Palgrave Macmillan
Country of origin:	United Kingdom
Release date:	2004
First published:	2004
Authors:	Y. Ng
Dimensions:	216 x 140mm (L x W)
Format:	Paperback
Pages:	355
Edition:	Softcover reprint of the original 1st ed. 2004
ISBN-13:	978-1-349-42943-1
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Business & Economics > Economics > Political economy Books > Social sciences > Sociology, social studies > Social welfare & social services > General
LSN:	1-349-42943-0
Barcode:	9781349429431

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